633 Meta St Oxnard, CA 93030
Downtown Oxnard NeighborhoodEstimated payment $12,014/month
About This Home
14-unit apartment building + standalone commercial space near downtown Oxnard offered at 7.5% CAP / 8.9 GRM on current rents! This fully rented property includes a renovated 2-story 14-unit apartment building & a restaurant building. Apartment building totals 2,792 SF and contains all studio efficiency units (one bathroom and one room) along with a common laundry room with two sets of washer/dryers. Commercial building totals 1,305 SF and in past operated as a restaurant but current tenant operates as a prep kitchen that prepares
and delivers meals to field workers at nearby farms. 18 uncovered parking spots. The apartment building has been completely updated over the past 6 years. This is a very efficient investment property offering some of the most affordable rents in the county.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,738
Year Built
- Built in 1952
Home Design
- 4,097 Sq Ft Home
Parking
- 18 Open Parking Spaces
- 18 Parking Spaces
Schools
- Cla Elementary And Middle School
- Cla High School
Additional Features
- Laundry Room
- 10,000 Sq Ft Lot
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 201-0-272-220
Community Details
Overview
- 15 Units
Building Details
- Operating Expense $67,532
- Gross Income $224,316
- Net Operating Income $150,054
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,738 | $1,059,740 | $278,879 | $780,861 |
| 2024 | $14,738 | $1,038,961 | $273,411 | $765,550 |
| 2023 | $13,718 | $1,018,590 | $268,050 | $750,540 |
| 2022 | $13,320 | $998,618 | $262,794 | $735,824 |
| 2021 | $13,225 | $979,038 | $257,641 | $721,397 |
| 2020 | $13,447 | $969,000 | $255,000 | $714,000 |
| 2019 | $13,105 | $950,000 | $250,000 | $700,000 |
| 2018 | $13,931 | $1,020,873 | $300,254 | $720,619 |
| 2017 | $13,281 | $1,000,857 | $294,367 | $706,490 |
| 2016 | $12,858 | $981,234 | $288,596 | $692,638 |
| 2015 | $12,982 | $966,497 | $284,262 | $682,235 |
| 2014 | $12,853 | $947,567 | $278,695 | $668,872 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $1,995,000 | -7.0% | $487 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $2,145,000 | -4.5% | $524 / Sq Ft |
| 07/02/2025 07/02/25 | For Sale | $2,245,000 | -- | $548 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $950,000 | First American Title Co | |
| Grant Deed | -- | None Available | |
| Grant Deed | $850,000 | Alliance Title Company Oxnar | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $634,000 | Commercial | |
| Previous Owner | $188,000 | Commercial |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-2552
APN: 201-0-272-220
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